Found no thrill on Blueberry Hill
- Sep 9, 2008
I really don't think that GB has much in the way of post-2023 implications if they trade Rodgers before June 1.Any GB fans here? Will the Packers be able to get any mileage out of implicitly blaming Rodgers for financially hamstringing them for a year or two, or do the fans blame the team for "letting him go"?
So much cap reporting is based on what it will mean for the team in a particular year. For example, there is reporting that Rodgers is actually affordable for the Jets because he will cost "only" $15 million against the cap this year. True. But there's no free lunch. Rodgers is due about $108 million the next two years. Whatever team acquires him will have to take on $108 million cap hits for having him for two years. The only question is when. Yes, you can reduce it this year, but $108 million is $108 million. That's how much space he will eat up. Put simply, the cost of acquiring Rodgers, in addition to whatever trade comp you give, is about $54 million in cap space per year for two years of having him. Could some of that be pushed to the 2026 cap? Yep. It's still a shit ton of cap space to give up.
Similarly, for the Packers, this is the amount they will save by getting rid of him. Yes, they will have to accelerate his bonus, and take on a $40 million cap hit. But that's misleading because they were already going to have a big hit for him this year. The net is that they need to make about $10 million in room to trade him. And then after 2023, they are done. No mas. $108 million comes off the cap for 2024 and 2025.
I don't personally think any player in the NFL is worth taking on a $54 million cap hit each year for 2 years, no matter when you end up paying the bill. That the Jets would have to give compensation in addition is crazy to me.
Again -- there's over $100 million cap room that a team that plays Rodgers will have to eat. If you think that's a lot, then the Packers are good to get rid of him. If you think it's not, then the Jets are good to pick it up.